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Shareholders of On2 Technologies, the video-software maker that Google agreed to buy for $106.5 million in stock, are blasting the deal, saying the sale process was rigged to favor the search giant.
On2 investors have filed separate lawsuits in New York and Delaware, claiming the buyout announced last week undervalues On2 and benefits On2 executives, board members and employees at the expense of regular investors.
Google to Acquire On2 [webmasterworld.com]
benefits On2 executives, board members and employees at the expense of regular investors.
Darn investors! They act like they own the company.
(I worked with "member-owned cooperatives" for years. Hahahaha. Where the customers are treated like the owners? No, where the owners treated like customers. It's a problem.)
Greed is right.
Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind.
And greed -- you mark my words -- will not only save Teldar Paper, but that other malfunctioning corporation called the USA.
joined:Dec 29, 2003
The same exact thing almost brought the entire world into a great depression last year: bankers take huge risks, if they win, they retire. If they lose, there's always the next year.